Question

Tile & Grout (T&G) contracts to resurface the insides of the pools at Water World Park. T&G knows that without the resurfacing, Water World will have to delay its seasonal opening. T&G does not perform as promised. As consequential damages, Water World can recoverâ___________.A) âthe cost of new pools.B) âthe difference between T&G's price and the eventual cost of resurfacing.C) âthe loss of profit from the delayed opening.D) ânothing.

Answer 1

Answer: C. The loss of profit from delayed opening.

Explanation: Tile and Grout failed to execute the job they were contracted and caused water world to delay opening. In business Tile and Grout company will be held liable for failure to execute contract.

Water world can recover the loss of profit from delayed opening due to the failure in the part of Tile and Grout company.